Bariatric Surgery Market : Covid Impact analysis and Forward looking trends for the market from 2021 to 2027

The Bariatric Surgery Market report 2021-2027 presents an in-depth assessment of key trends, current scenarios, challenges, standardization, regulatory landscape, and deployment models. Historical and futuristic case studies, opportunities, future roadmap, value chain, Key player profiles, and strategies lead to builds stronger business decisions. This report covers the pre and post Covid-19 impact analysis and gives expert reviews to overcome it. The report also presents forecasts for Bariatric Surgery from 2021 till 2027.

The major factors attributing to the growth of the bariatric surgery market are, increase in obesity among people, and a rising prevalence rate of Type 2 diabetes and heart diseases. According to International Diabetes Federation's IDF Diabetes Atlas Ninth edition 2019, approximately 463 million adults were currently living with diabetes worldwide.

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Key Players:

Medtronic PLC, Ethicon Inc. (Johnson and Johnson), Apollo Endosurgery Inc., Aspire Bariatrics Inc., Intuitive Surgical Inc., B. Braun Melsungen AG, Olympus Corporation, The Cooper Companies, Conmed Corporation, and others.

Key Market Trends:

Closure Device is Expected to Record a High CAGR in the Assisting Device Segment

Closure devices are used for reconnecting tissues during surgical procedures and for closing incisions made by trocars. The laparoscopic port closure device successfully and safely closes port sites in obese patients undergoing bariatric procedures and surgeries.

For instance, in October 2019, Gordian Surgical Ltd. has raised USD 3 million for commercialization of Its TroClose 1200 access-closure system for laparoscopic surgery in the US.

North America Dominates the Market and is Expected to do Same in the Forecast Period

North America is expected to dominate the overall market throughout the forecast period. This is due to the increasing number of obese population across the region.

According to the American Society for Metabolic and Bariatric Surgery statistics, there were around 228,000 surgeries in 2017 and 193,000 surgeries in 2015 were performed in the United States alone. Hence all these statistics show an exponential increase in the number of bariatric surgeries that drive the overall growth of the market. _In December 2017, Penn Medicine has Launched its First App Penn Life Gained app or Bariatric Surgery Patients Using Apple CareKit will allow bariatric surgery patients to collate their health information.

Competitive Landscape:

Some of the major players of the market are Medtronic PLC, Ethicon Inc., Apollo Endosurgery Inc., Aspire Bariatrics Inc., and Intuitive Surgical Inc., among others.

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Influence of the Bariatric Surgery Market Report:

-Comprehensive assessment of all opportunities and risks in the Bariatric Surgery market.
-The detailed study of business strategies for the growth of the Bariatric Surgery market-leading players.
-Conclusive study about the growth plot of the market for forthcoming years.
-In-depth understanding of market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Bariatric Surgery Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. Analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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